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BAL Balancer thumbnail icon

$7.100 USD

0.00030286 BTC

0.00426345 ETH

Market CapTotal Value LockedDominanceMcap TVL Ratio
$277861748 USD$1788132053 USD2.40 %6.430

About Token Balancer thumbnail icon

Balancer is a non-custodial portfolio manager, liquidity provider, and price sensor The Balancer Protocol Governance Token (BAL) are distributed to Liquidity Providers of Balancer. BALs are a key way of decentralizing the governance of the protocol such that it can remain resilient over time, protected from the failure of any single stakeholder. The proposed amount of distributed BALs to liquidity providers is 145,000 per week, or approximately 7.5M per year. This means in the first year of BAL’s existence there would be 30% supply inflation off the initially allocated supply of 25M tokens. This high rate of supply inflation is meant to kickstart the distribution of governance rights of the protocol out to those who earn it.

Coin Statistics

Price Change % 24H1.031%
24H High$7.170
24H Low$6.900
Market Rank152
Market Cap$277861748
Market Change 24H3000660.000%
Market Change 24H %1.092%
Circulating Supply39159546 bal
Total Supply55130265 bal
Total Value Locked$1788132053 USD
Dominance$2.40 USD
Mcap TVL Ratio6.430
All Time High$74.450
All Time High Change %$-90.469%
All Time High Date2021-05-04T13:35:02.000Z

Coin Scores

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